Smithfield Foods starts making profit

The Romanian division of Smithfield Foods, the world's biggest pig breeder and pig-meat processor, recorded profit in the fiscal year that ended in April 2007, despite the costs incurred by activity development.The Romanian operations reported modest loss in the last quarter of the fiscal year. The U.S. company's officials explain the losses were recorded amid a lower business volume, due to the relaunch of activities.Smithfield has developed by acquisitions at a local and international ...

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